Should Lawmakers Save the Adoption Tax Credit?

When conservatives like Russell Moore, President of the Southern Baptist’s Ethics and Religious Liberty Commission, and Jim Dailey, President of Focus on the Family, go on record against a provision of the GOP’s tax plan, I take note. The House plan, unveiled last Thursday, would eliminate the Adoption Tax Credit. I’ve always wondered whether the credit, with it’s $13,000 credit for qualifying adoption expenses, might have the unintended consequence of raising the cost of adoption. But that’s not the argument that the bill’s architect, Kevin Brady, makes in defending the GOP plan to end the credit. Check out this article, describing the credit and its effect, to read his unconvincing analysis: http://www.cnn.com/2017/11/07/health/adoption-tax-credit-families/index.html.